Ebay has acquired Secretsales.com / Brands4friends.de for $200 million, all cash. After the takeover of Skype this is a major acquisition by Ebay.
Secretsales.com and its German sister concern Brands4friends.de run private sales from the designer brands at discounts.
Founder and Managing Director are the former COO of Delsey Group, Christian Heitmeyer (now CEO of brands4friends) and Constantin Bisanz (former founder and CEO of Truckscout24.com).Other co-founders are Nicolas Speeck (former marketing director of online and ProMarkt electronicscout24) and Mario Zimmermann (formerly the Business Development of Spreadshirt).
Founded three years back in 2007 Brands4friends.de is Germany’s largest fashion club site with discounts as high as 70% on designer wear. According to Brands4friends official site they are growing very fast and are adding about 10,000 members everyday.